Fidelity Bond Financials
| FXNAX Fund | USD 10.06 0.04 0.40% |
Fidelity |
Please note that past performance is not an indicator of the future performance of Fidelity Bond, its manager's success, or the effectiveness of its strategy. The performance results shown here may have been adversely or favorably impacted by events and economic conditions that may not prevail in the future. Therefore, you must use caution to infer that these results indicate any fund, manager, or strategy's future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.
Fidelity Bond Fund Summary
Fidelity Bond competes with Fidelity International, Fidelity Total, Fidelity Total, Fidelity Extended, and Fidelity Small. The fund normally invests at least 80 percent of the funds assets in bonds included in the Bloomberg U.S. Fidelity is traded on NASDAQ Exchange in the United States.Specialization | Intermediate Core Bond, Large |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| ISIN | US3161463563 |
| Business Address | Fidelity Fixed Income |
| Mutual Fund Family | Fidelity Investments |
| Mutual Fund Category | Intermediate Core Bond |
| Benchmark | NYSE Composite |
| Phone | 800 544 8544 |
| Currency | USD - US Dollar |
You should never invest in Fidelity Bond Index without having analyzed available financial metrics that contribute to the net asset value (NAV) of the fund. Do not rely on someone else's analysis or guesses about the future performance of Fidelity Mutual Fund, because this is throwing your money away. Analyzing the key information contained in Fidelity Bond's prospectus and an annual reports, can give you an edge over other investors and help to ensure that your investments perform well for you.
Fidelity Bond Key Financial Ratios
Generally speaking, Fidelity Bond's financial ratios allow both analysts and investors to convert raw data from Fidelity Bond's financial statements into concise, actionable information that can be used to evaluate the performance of Fidelity Bond over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Fidelity Bond Index reports annually and quarterly.Fidelity Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Fidelity Bond's current stock value. Our valuation model uses many indicators to compare Fidelity Bond value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Fidelity Bond competition to find correlations between indicators driving Fidelity Bond's intrinsic value. More Info.Fidelity Bond Index is one of the top funds in annual yield among similar funds. It is one of the top funds in year to date return among similar funds creating about 2,045 of Year To Date Return per Annual Yield. Comparative valuation analysis is a catch-all model that can be used if you cannot value Fidelity Bond by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Fidelity Bond's Mutual Fund. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Fidelity Bond's earnings, one of the primary drivers of an investment's value.Fidelity Bond Index Systematic Risk
Fidelity Bond's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Fidelity Bond volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on Fidelity Bond Index correlated with the market. If Beta is less than 0 Fidelity Bond generally moves in the opposite direction as compared to the market. If Fidelity Bond Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Fidelity Bond Index is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Fidelity Bond is generally in the same direction as the market. If Beta > 1 Fidelity Bond moves generally in the same direction as, but more than the movement of the benchmark.
Fidelity Bond May 2, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Fidelity Bond help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Fidelity Bond Index. We use our internally-developed statistical techniques to arrive at the intrinsic value of Fidelity Bond Index based on widely used predictive technical indicators. In general, we focus on analyzing Fidelity Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Fidelity Bond's daily price indicators and compare them against related drivers.
| Information Ratio | (0.27) | |||
| Maximum Drawdown | 1.57 | |||
| Value At Risk | (0.78) | |||
| Potential Upside | 0.3956 |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fidelity Bond Index. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the Fidelity Bond Index information on this page should be used as a complementary analysis to other Fidelity Bond's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.